Core Insights - Lenovo Holdings has reported a significant revenue increase of 21% year-on-year, reaching 281.59 billion RMB, and a net profit growth of 49%, amounting to 4.176 billion RMB, indicating a return to stable growth after previous fluctuations [1] - The company emphasizes innovation-driven strategies, focusing on technology investments to enhance long-term competitiveness in response to external challenges [1][4] Financial Performance - In the first half of 2025, Lenovo Holdings achieved a net profit attributable to equity holders of 699 million RMB, a remarkable increase of 144% year-on-year [1] - Research and development (R&D) investment rose by 16% to a historical high of 8.513 billion RMB, reflecting the company's commitment to technological advancement [2] Technological Advancements - Lenovo Group has launched a self-developed super intelligent agent matrix, with AI PCs now accounting for over 30% of total PC shipments, maintaining a 31% market share in the Windows AI PC category [2] - AI server sales have tripled year-on-year, positioning Lenovo among the global leaders in this segment [2] Strategic Investments - Lenovo Holdings has invested in over 50 technology projects in the first half of the year, facilitating five companies to go public and more than ten others entering the listing process [2] - The company has made significant investments in the pharmaceutical and embodied intelligence sectors, with over 110 and 40 companies respectively, leading the industry [2] AI Development - Lenovo Holdings has established a comprehensive investment framework in AI, with over 270 AI-related companies, covering all layers from foundational technology to applications [3] - The company's super intelligent agent has transitioned from concept to large-scale implementation, setting new benchmarks in the global AI industry [3] Future Outlook - Lenovo Holdings is expected to continue delivering surprises and expectations to the market, driven by its focus on technological innovation and growth in emerging industries [4]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不就因本公告全部或任何部分內容 而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 Legend Holdings Corporation 03396 - 1 - 謹請本公司股東及投資者在買賣本公司證券時審慎行事。 承董事會命 聯想控股股份有限公司 公司債券2025年度半年度報告 聯想控股股份有限公司（「本公司」）於上海證券交易所發行債券，根據相關規定需刊發本 公司公司債券2025年度半年度報告，內含截至2025年6月30日止六個月根據中國企業會計 準則編制的未經審計財務資料。上述報告已登載於上海證券交易所網站 (www.sse.com.cn)。 謹此提請本公司股東及投資者注意，於上述網站登載的本公司公司債券2025年度半年度 報告內所載未經審計財務資料乃根據中國企業會計準則編製，並根據中國有關法律及法 規公佈，僅供債券的投資者參考。 本公司截至2025年6月30日止六個月根據國際財務報告會計準則編制的未經審計財務資料 已於2025年8月29日在香港聯合交易所有限公司網站刊發的本公司2 ...

Core Insights - Lenovo Holdings (03396) reported a mid-year revenue of 281.589 billion yuan, representing a year-on-year growth of 21% [1] - The net profit attributable to equity holders reached 699 million yuan, marking a significant year-on-year increase of 144% [1] Revenue Growth - The revenue growth was primarily driven by double-digit year-on-year growth across all three major business segments of Lenovo Group [1] - The industrial operations segment achieved a revenue of 279.141 billion yuan, also reflecting a year-on-year growth of 21% [1] Investment in Innovation - The company continues to focus on technology innovation as a key driver for high-quality development, with increased investments in cutting-edge fields such as artificial intelligence, new materials, new energy, and biomedicine [1] - Research and development expenditure rose by 16% year-on-year to 8.513 billion yuan, setting a record high for the first half of the year [1] - Over 50 technology projects were supported during the reporting period, contributing to national technological self-reliance [1] AI Investment Strategy - Lenovo Holdings is intensifying its focus on artificial intelligence, aiming to build a vibrant and innovative AI application ecosystem [1] - The company has invested in over 270 AI enterprises, making it one of the most comprehensive and longest-standing investment institutions in the AI sector [1]

Core Insights - Lenovo Holdings reported a revenue of RMB 281,589 million for the six months ending June 30, 2025, representing a year-on-year growth of 21% driven by double-digit growth across all three major business segments [1] - The net profit attributable to equity holders reached RMB 699 million, a significant increase of 144%, attributed to improved operational efficiency, optimized product mix, and effective cost control measures [1] - The company continued to invest heavily in technology research and innovation, with R&D spending increasing by 16% to RMB 8.513 billion, marking a record high for the half-year period [3] Business Performance - The industry operations segment achieved revenue of RMB 279,141 million, also reflecting a 21% year-on-year increase, with net profit attributable to equity holders rising by 28% to RMB 1,836 million [1] - Lenovo Group's personal computer business saw a strong performance, capturing a historic market share of 24.6%, with AI PC penetration exceeding 30% of total shipments [2] - The infrastructure solutions business recorded over 40% rapid growth, while AI server revenue tripled year-on-year [2] Strategic Initiatives - Lenovo Holdings has invested in over 50 technology projects in the first half of the year, supporting national technological self-reliance [3] - The company launched its self-developed super intelligent agent matrix, which integrates core functionalities and has been embedded in Lenovo's products [3] - Lenovo has invested in over 270 AI companies, establishing itself as one of the most comprehensive and longest-standing investment institutions in the AI sector [4]

Group 1 - Lenovo Holdings reported a revenue of 281.559 billion yuan for the first half of the year [2] - The net profit attributable to the parent company was 699 million yuan, an increase from 286 million yuan in the same period last year [2]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不 就 因 本 公 告 全部或任何部份內容而產生或因倚賴該等內容而引致之任何損失承擔任何責 任。 聯想控股股份有限公司 Legend Holdings Corporation （於中華人民共和國註冊成立的股份有限公司） （股份代號：03396） 截 至2025年6月30日 止6個月中期業績公告 本公司董事會公佈本公司及其附屬公司截至2025年6月30日 止6個月之未經審 計 簡 明 綜 合 中 期 業 績，連 同2024年 同 期 的 未 經 審 計 數 字 比 較 如 下： 截 至6月30日 止6個 月 | 2025年 | 2024年 | （人 | 幣 | 元） | 幣 | 萬 | 萬 | （人 | 百 | 民 | 百 | 民 | 元） | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 281,589 | 收 | ...

Core Insights - The 2025 China Private Enterprises Top 500 list demonstrates the resilience and vitality of private enterprises in a complex domestic and international environment [1] - Overall, the private economy is showing steady progress, with improvements in quality, efficiency, and core competitiveness [1] Financial Performance - In 2024, the total revenue of the top 500 private enterprises reached 43.05 trillion yuan, with an average revenue of 861.02 million yuan, a 2.72% increase from the previous year [3] - The total assets amounted to 51.15 trillion yuan, with an average asset value of 1.023 billion yuan, reflecting a 2.62% growth [3] - The net profit of the top 500 private enterprises totaled 1.80 trillion yuan, with an average net profit of 36.05 million yuan, marking a 6.48% increase [4] Innovation and R&D - The total R&D expenditure of the top 500 private enterprises was 1.13 trillion yuan, with an average R&D intensity of 2.77% [6] - The number of valid patents held by these enterprises reached 721,600, an increase of 8.23%, with domestic patents growing by 12.42% [6] - The focus on strategic emerging industries is evident, with investments in new materials, new energy, and high-end manufacturing [4][6] Social Contribution - The top 500 private enterprises contributed a total tax amount of 1.27 trillion yuan and employed 11.09 million people, averaging 22,200 employees per enterprise [8] - A significant portion of these enterprises, 72.80%, actively participated in rural revitalization efforts [8] Regional Insights - Among the top 500 private enterprises, 22 are based in Beijing, with a strong concentration in the digital economy and high-end manufacturing sectors [9] - The supportive policies from the government, including tax incentives and a favorable business environment, have facilitated the growth of technology-driven enterprises in Beijing [9][10]

Core Viewpoint - Lenovo Holdings (03396) reported a significant decline in the performance of its subsidiary, Jiawo Food Co., Ltd., for the first half of 2025, indicating challenges in the food industry [1] Financial Performance - Jiawo Food's revenue for the first half of 2025 was 1.245 billion yuan, representing a year-on-year decrease of 33.96% [1] - The net loss attributable to shareholders of the listed company was 419 million yuan, which is an increase of 6.51% compared to the previous year [1] - The basic loss per share was 2.4066 yuan [1]

Core Viewpoint - Lenovo Holdings' subsidiary, Jiawo Food Co., Ltd., reported a significant decline in revenue and an increase in net loss for the first half of 2025, indicating potential challenges in the company's financial performance [1] Financial Performance - Revenue for Jiawo Food reached 1.245 billion yuan, representing a year-on-year decrease of 33.96% [1] - The net loss attributable to shareholders of the listed company was 419 million yuan, which is an increase of 6.51% compared to the previous year [1] - The basic loss per share was reported at 2.4066 yuan [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不就因本公告全部或任何部分內容 而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 Legend Holdings Corporation 03396 關於本公司附屬公司佳沃食品股份有限公司 2025年半年度報告公佈 本公司附屬公司佳沃食品股份有限公司（股票代碼：300268）於2025年8月27日在深圳 證券交易所(www.szse.cn)及巨潮資訊網(www.cninfo.com.cn)公佈其截至2025年6月30日 止半年度報告及摘要。 本公司股東及投資者在買賣本公司證券時務請審慎行事。 承董事會命 聯想控股股份有限公司 本公司股東及投資者可瀏覽www.szse.cn或www.cninfo.com.cn查閱佳沃食品截至2025年6 月30日止半年度報告全文及摘要。 - 1 - 下列為佳沃食品及其附屬公司截至2025年6月30日止六個月及上年同期的未經審核合並財 務資料摘要： | | 截至2025年 | 截至2024年 | | | --- | --- | --- | --- | | ...